Inflation ticked up in Dec., CPI report shows
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The year-over-year inflation rate in January, the month President Donald Trump returned to the White House, was 3.0%. The year-over-year inflation rate in September, the most recent month for which Consumer Price Index figures have been released, was ...
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Inflation unexpectedly slowed in November in what may be a 'distorted' first release since the government shutdown
The year-over-year inflation rate slowed to 2.7% in November, down from 3% in September, the last month for which data is available. Economists expected a 3.1% rate, which would have been the highest since May 2024. The Bureau of Labor Statistics won't be ...
State and local economic conditions and policies lead to deviations in inflation from the national average. For example, if local housing supply is relatively inelastic, then monetary or fiscal expansions translate more into local price increases than into ...